5 Minute News

Pension Increases for All Pensioners, Says Labor Minister

August 11, 2026

Minister of Labor Marinos Musiouttas announced that no pension cuts are planned as part of the pension reform, and all pensioners will receive increases. He mentioned that the bill is expected to be submitted to the Parliament after the summer recess, likely on September 20. Initially, a reduction of some pensions was considered, but this option was quickly dismissed due to backlash. The Ministry is prepared to present the bill to social partners and hear their suggestions. The process will continue with public consultation and discussions in upcoming meetings.